There's a chance of an economic silver lining to the Covid-19 cloud

28 June 2020 - 00:20 By Peter Leon

It is not news that the Covid-19 pandemic is having a catastrophic effect on SA's economic growth prospects. Business knows it, as evidenced by the release earlier this month of the lowest-ever RMB/BER business confidence index figure. To prevent severe economic decline we need to rethink our economy and identify measures to resuscitate it post-Covid-19. An imperative is to entice more local and global businesses to invest in SA, and to do so the country must rapidly commence implementing mechanisms to attract more foreign direct investment (FDI)...

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